From Gulfnews.com: Abu Dhabi government-owned investment company Invest AD is looking to spin off, and possibly sell, its investment banking business after it decided to wind it down due to market conditions, a person close to the company said.
"Invest AD brought a high-quality team on board, and they would be pretty valuable to the right player as markets are rebounding," the person, who declined to be named, said.......................Full Article: Source